The House of Saud is the world’s richest family with over $1.4 trillion. Their wealth primarily comes from vast oil reserves. Led by King Salman, the family's luxurious lifestyle includes grand palaces,

This marked the second consecutive drop for Reliance shares this week, with a more than 3% fall recorded on September 30.

The big fall in the stock market on Thursday has affected the net worth of Indian billionaires Mukesh Ambani and Gautam Adani and both have slipped down in the list of top billionaires. The impact of the ongoing war between Iran and Israel (Iran-Israel War) was visible on the Indian Stock Market on Thursday and there was a big fall in Sensex-Nifty.

Indian markets took a significant hit on Thursday, with the Sensex plunging over 1,700 points, resulting in an investor loss of Rs 11 lakh crore. On Friday, the markets opened lower, influenced by ongoing Iran-Israel tensions.